A Stock Screen Combining Intraday Range, Reversal Candles, and MACD

Summary

The post proposes a technical stock screen requiring a daily high-low range greater than one percent, a reversal or engulfing-style price pattern, and a MACD histogram above zero. It presents indicator-formula and Python examples, with the stated aim of combining a movement filter, a reversal signal, and positive MACD momentum. A heat ranking is also mentioned as a way to sort candidates.

The material provides implementation sketches rather than evidence of effectiveness: it reports no backtest, sample, or trading results. The phrase “反包” is not fully specified, and the examples appear to operationalize the reversal condition differently; the MACD formula and explanation also warrant checking against the intended histogram definition. The post acknowledges that the rules are simple, can miss or misclassify stocks, and ignore company fundamentals and macro conditions. It suggests combining additional indicators and fundamental data, but does not test those additions.

Key ideas

• The proposed screen requires a high-low range above one percent.
• It pairs a reversal-style candle condition with MACD above its zero line.
• The post includes formula and Python sketches, but does not establish that the screen is profitable.
• The reversal definition and code examples may not be consistent, so the implementation needs validation.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.